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Twitter Gives Up "Costolo" Gains

Tyler Durden's picture




 

Perhaps, just perhaps, it was not Dick Costolo's incompetence after all? How long before Dorsey is "resigned" in order to create some more short-term wealth for shareholders?

 

 

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Fri, 06/12/2015 - 10:30 | 6190028 spastic_colon
spastic_colon's picture

how long?  about as long as it takes to announce a buyback.

Fri, 06/12/2015 - 10:32 | 6190032 Jack Daniels Esq
Jack Daniels Esq's picture

The only thing more useless than Twitter is Obama - both suck

Fri, 06/12/2015 - 14:00 | 6190659 DetectiveStern
DetectiveStern's picture

I like Twitter. It let's me call David Cameron a cunt to his account.

Fri, 06/12/2015 - 10:32 | 6190033 Dr. Venkman
Dr. Venkman's picture

they saw that beard and those wimpy shoulders and said "what have we done"

Fri, 06/12/2015 - 12:33 | 6190418 Gambit
Gambit's picture

LMAO! My morning coffee almost came out of my nostrils when I read this.  thanks for the laugh

Fri, 06/12/2015 - 10:32 | 6190034 Osmium
Osmium's picture

Wait, you can't have a successful company based on phantom accounts and false click counts?

WhoCuouldaKnowd

Fri, 06/12/2015 - 10:39 | 6190055 Normalcy Bias
Normalcy Bias's picture

Fire everyone and send the stock to $70!

Fri, 06/12/2015 - 10:39 | 6190059 youngman
youngman's picture

Did they get that guy from the Amish reality TV show

Fri, 06/12/2015 - 10:40 | 6190061 youngman
youngman's picture

That has to be a cool look in San Francisco....

Fri, 06/12/2015 - 10:46 | 6190079 saints51
saints51's picture

What is the purpose of these types of stawks? I just do not get it.

Fri, 06/12/2015 - 10:48 | 6190091 youngman
youngman's picture

Its a propoganda machine...that is all

Fri, 06/12/2015 - 10:52 | 6190100 saints51
saints51's picture

agreed and people slurp this shit up like a stray dog

Fri, 06/12/2015 - 10:54 | 6190108 spastic_colon
spastic_colon's picture

which is why it will survive

Fri, 06/12/2015 - 11:03 | 6190142 BoPeople
BoPeople's picture

How exactly is TWIT supposed to make money? Payments from the NSA? They just need the right kind of high level connection to maximize that revenue stream.

Fri, 06/12/2015 - 12:25 | 6190389 MrVincent
MrVincent's picture

I use Twitter as my news feed. I like it for this. I hope Facebook rots away.

Fri, 06/12/2015 - 13:16 | 6190490 DarthVaderMentor
DarthVaderMentor's picture

Dorsey is worse than Costolo and it can now be proven clearly. Twitter is becoming essentially a left wing controlled media outlet banning all but the politically incorrect and they are losing users and advertisers like crazy because of this. They have the "MSNBC Revenue Disease". Rumor has it that Fox is leading a search for a competitor. Besides, what do they have that's really a barrier to entry?

Fri, 06/12/2015 - 13:12 | 6190523 oklaboy
oklaboy's picture

Twitter, another one of those" you gotta have it" mindfuck gimmicks. well no I don't have to have it, and my life hasn't come to a screaching halt. Instagramfuck, facefuck, goprofuck, snapfucked; all designed to shape pereption, and warp realty.

Sat, 06/13/2015 - 19:36 | 6194279 GotGalt
GotGalt's picture

I always find it interesting how many stocks there are that are completely bid up to ridiculous levels on the *sole* hope of being acquired at some future point in time for an ever more ridiculous premium.  Talk about endless hopium abound.

 

I LOL now every time I see a biotech (like ACHN) do a partnered deal to foster a new drug from trial to FDA acceptance instead of an out and out buy out.  Once all the hopium filled ACHN bulls realized that the ridiculous priced buyout was not going to happen, shares plummeted by 30%.  I'm seeing this every week now.

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